OUR SERVICES
CFO FINANCIAL OVERSIGHT
Growing businesses often reach a point where they need professional financial advice but can't afford a full-time CFO or controller. The cost of hiring a full-time CFO can range from $60,000 to over $100,000 plus bonuses and benefits.
Our CFO/Controller service provides you with a professional financial manager who works with you to help guide your business to success at a much reduced cost compared to hiring a full-time CFO/Controller.
Bookkeeping with financial oversight offers several benefits for your business, contributing to sound financial management and decision-making.
Benefits of a Fractional CFO
Accuracy and Compliance
We ensure accurate and compliant financial records, meeting regulatory requirements and avoiding legal issues.
Financial Visibility
We provide you with a clear and up-to-date view of the financial health of your business, allowing informed decision-making and strategic planning.
Budgeting and Forecasting
We support the creation and monitoring of budgets and forecasts. We help you set financial goals, allocate resources effectively, and plan for future growth.
Early Detection of Issues
We monitor to ensure early detection of discrepancies or financial irregularities. Prompt identification of issues enables timely corrective action, preventing potential problems from escalating.
Optimized Cash Flow Management
By closely monitoring cash inflows and outflows, we help you optimize cash flow management. This is essential for meeting financial obligations, taking advantage of opportunities, and avoiding unnecessary debt.
Strategic Decision-Making
With access to accurate and timely financial information, your decision-makers are empowered, making informed and strategic choices. This includes decisions related to investments, expansions, cost-cutting measures, and other business initiatives.
Efficient Tax Planning and Compliance
With financial oversight, you can engage in proactive tax planning. This includes taking advantage of tax incentives, minimizing tax liabilities, and ensuring compliance with tax regulations.
Improved Financial Performance
Our financial oversight contributes to producing more robust and reliable financial reports. This is especially important for stakeholders, including investors, lenders, and management, who rely on accurate financial information.
Enhanced Accountability and Transparency
Transparent financial oversight enhances accountability within the organization, ensuring financial transactions are traceable, auditable, and aligned with ethical business practices.
Better Collaboration with Professionals
Financial oversight facilitates collaboration with other financial professionals, such as accountants and financial advisors. This collaboration ensures a comprehensive approach to financial management and strategic planning.
Scalability and Growth
As your business grows, our financial oversight becomes increasingly important. This oversite helps your business scale operations, manage increased financial complexity and navigate challenges associated with growth.
Risk Management
Our financial oversight includes risk assessment and management, identifying and mitigating financial risks promptly helping protect the business from potential disruptions.
Partner with CFO Techniques Inc. and your business can successfully navigate the complexities of the financial landscape with confidence. Call us at 604-818-2242 or contact us by email.